Trump’s Son-in-Law & Top Advisor Failed to Disclose Soros, Goldman Sachs Ties, & $1 Billion Debt

President Trump’s son-in-law and top White House adviser, Jared Kushner failed miserably in disclosing the most pertinent information conceivable — business ties to billionaire globalist and manipulator, George Soros, PayPal co-founder, Peter Thiel, and Goldman Sachs — and that he owes fully $1 billion in loans.

Tuesday’s Wall Street Journal reports,

“Mr. Kushner’s stake in Cadre—a tech startup that pairs investors with big real-estate projects—means the senior White House official is currently a business partner of Goldman Sachs Group Inc. and billionaires including George Soros and Peter Thiel, according to people close to the company.

“The Cadre stake is one of many interests—and ties to large financial institutions—that Mr. Kushner didn’t identify on his disclosure form, according to a Wall Street Journal review of securities and other filings. Others include loans totaling at least $1 billion, from more than 20 lenders, to properties and companies part-owned by Mr. Kushner, the Journal found. He has also provided personal guarantees on more than $300 million of the debt, according to the analysis.”

To hold a position of power as high up in the Trump White House as Kushner, such connections and associations must be reviewed by ethics officials for potential conflicts of interest — in particular, to ensure political decisions will not serve either the adviser or his father-in-law.

According to one of his attorneys, Jamie Gorelick, Kushner owns a company called BFPS Ventures LLC — the parent or umbrella over Cadre — but the latter and ostensively more disputatious startup is not reported anywhere in the adviser’s mandatory financial disclosure forms.

Gorelick assured the WSJ the real-estate firm, Cadre, is indeed mentioned in a revised financial disclosure form, but that cannot be released to the public prior to analysis by ethics officials.

Further, none of Kushner’s whopping $1 billion debt total had been fleshed out in those disclosures.

Despite the astronomical I.O.U. tallies and potentially explosive ties to the billionaire contentious provocateur, Soros — who, incidentally, provided Kushner a $250 million line of credit — Gorelick insisted any revision to a financial disclosure form is considered “very normal,” since attorneys, not Kushner, prepared the information.

She added Trump’s son-in-law had indeed previously discussed the newly revealed information with the Office of Government Ethics and he has already “resigned from Cadre’s board, assigned his voting rights, and reduced his ownership share.”

Thus far, the Office of Government Ethics has not responded to the Journal’s request for comment on the matter.

Former Federal Election Commission chair, Trevor Potter, aligned with other ethics experts in noting the business ties through Cadre and related debts must ordinarily be disclosed — but stopped short of calling the failure to publicly disclose the information a substantive violation of rules.

However, business connections and related debts, they said, must be disclosed to officials so that Kushner would be forced to recuse himself upon any future conflicts of interest where investors and businesses could stand to gain from such a high-level association and vice versa.

“Mr. Kushner,” the WSJ continues, “the 36-year-old scion of a real-estate family, agreed with federal ethics officials to divest more than 80 assets after he and his wife Ivanka were hired by her father, President Donald Trump, to be senior aides. White House officials have said some of the sales were needed to avoid potential conflicts between Mr. Kushner’s far-reaching job duties and his personal financial interests.”

All told, Trump’s adviser retained some 200 assets worth $116 million, largely in properties throughout the United States — but has refused to place those assets into a blind trust, as called for by ethics experts.

Kushner cofounded Cadre in 2014 with his brother, Joshua, and a longtime friend and business partner, Ryan Williams — and substantial assistance from a number of high-powered Goldman Sachs investors, including Thiel.

Cadre then garnered a $250 million line of credit from billionaire George Soros, who — known in the U.S. primarily for financial and political support of the Democrat Party, and thus also a general adversary of Republicans — also reportedly invested heavily in the company in 2015, prior to Trump’s bid for the presidency was announced.

The Journal also notes that, although Kushner putatively stepped back from positions of authority in Cadre, as owner, he retains the power to “influence the [firm’s] management or policies,” as stated in public information from the Financial Industry Regulatory Authority.

Chief Executive Williams asserted Cadre has cooperated with regulators in updating disclosures to “reflect Jared’s non-operational, non-management relationship with the company, which has been in place since the inauguration.”

“BFPS Ventures, the company that Mr. Kushner’s lawyer says holds his Cadre stake, is shown on his financial disclosure form as owning unspecified New York real estate valued at more than $50 million. The form adds that ‘the conflicting assets of this interest have been divested,’” the Wall Street Journal explains.

An analysis by the outlet found Kushner’s assets could be easily tied to multiple U.S. and foreign Big Banks, private equity firms, and government-owned lenders.

And lenders to Kushner — allocated for real estate or to him, directly — the Journal found, “include Bank of America Corp. , Blackstone Group LP, Citigroup Inc., UBS Group AG, Deutsche Bank AG and Royal Bank of Scotland Group PLC. Royal Bank of Scotland didn’t immediately respond to requests for comment; representatives of the other firms declined to comment.”

While a number of investors and associates of Kushner’s declined to comment on these revelations, those who did, dismissed the news as typical and unconcerning to the public.

“Anything that presents a potential for the conflict of interest should be disclosed so that the public and the press can monitor this,” Potter told the Journal, while downplaying the severity of previously undisclosed information.

Unnamed sources told the Journal Kushner would indeed recuse himself in matters pertaining to Deutsche Bank or RBS, to which he provided personal guarantees on loaned funds.

However, Kushner’s legerdemain in failing to disclose debts to Bank of America, Blackstone Group, Citigroup, UBS, Deutsche Bank, and RBS, until now, should not exactly instill confidence in any declarations of transparency on financial matters.

Courtesy of The Free Thought Project

Claire Bernish began writing as an independent, investigative journalist in 2015, with works published and republished around the world. Not one to hold back, Claire’s particular areas of interest include U.S. foreign policy, analysis of international affairs, and everything pertaining to transparency and thwarting censorship. To keep up with the latest uncensored news, follow her on Facebook or Twitter: @Subversive_Pen.

Don't forget to follow D.C. Clothesline on Facebook and Twitter. PLEASE help spread the word by sharing our articles on your favorite social networks.

READ MORE  CNN caught in the most epic FAKE NEWS fail we’ve seen yet… and they still refuse to fully retract their blatant lie

This entry was posted in Uncategorized. Bookmark the permalink.
  • Carole Talaway

    Trump needs to stop trusting anyone he hasn’t personally vetted. That includes his son-in-law and his daughter. Ivanka may have good intentions but she’s tainted by her husband’s questionable business associates. There are plenty of good people other than family that can pass muster and protect the integrity of the POTUS.

  • Debi Sovelet

    Oh my GOD, they have money…oooh oh my GOD so does WARREN, HILLARY [who also has shares BTW] and 4 other senators and a rep and oh my GOD, SCHUMER, too! STHU, really … just S T H U you trouble making idiots of IGNORANCE x infinity! SO TH HELL WHAT? WHO CARES but people TRYING to RUIN SOMEONE – how about them PEDOPHILES, eh? STUPIDEST PEOPLE, no … poor people who are out to get the rich guy. May you all find a special spot in your own misery and hell. May you each find muslim.

  • Ann Tenna

    DONNIE!….”Say it ain’t so”!

  • PopperlinRosebud

    I voted for Trump and think he has done a great job so far. However, I am disappointed and somewhat angry over his inclusion and utilization of Ivanka and Jared, both of whom are liberal globalists. It’s clear that Ivanka is trying to set herself up for future political office.

    However, the giant consolation is that Trump is continuing to do wonderful things for America by reversing many of Obama’s policies and regulations that were clearly in the globalist Soros’ best interest.

    So, while I don’t like Jared and Ivanka being anywhere near the White House, I do have faith that Trump will continue to do things in America’s best interests, which necessarily means doing things that will infuriate and weaken the globalist scum who want America to have open borders and all the evils that would come with them.

    • Debi Sovelet

      The left is lying … the news is making them two look bad because they found nothing wrong with TRUMP – so now they can only go after his cabinet… which has never BEEN DONE before – they fully vetted him and they are making something out of a little knowledge – a common knowledge because HILLARY also is part of THAT investment. When Soros cannot control Kushner, they use the SOROS OWNED NEWS to destroy him. [It comes and goes, right?] ALL NEWS is SOROS BREATHED.

  • 58

    Jared should be treated the same as anyone else who did not properly disclose the info. How did they treat Flynn? see ya Jared.

  • “[T]here is nothing covered, that shall not be revealed; and hid, that shall not be known.” (Matthew 10:26)

    “Do not lay hands upon [in America’s case, vote for] anyone too hastily and thus share responsibility for the sins of others; keep yourself free from sin…. The sins of some men are quite evident, going before them to judgment; for others, their sins follow after.” (1 Timothy 5:22, 24)

    Are we talking here about another Haman or Doeg, both of whom were Edomites?

    History demonstrates there’s almost always a Doeg (1 Samuel 22) or Haman (Book of Esther) working behind the scenes in most administrations. Both were Edomites, descendants of Esau, Jacob’s twin brother. At two different times, the Edomites became known as Jews: Esther 8:17 and during the reign of John Hyrcanus in the second century BC. Jared Kushner!?!

    “Strictly speaking, it is incorrect to call an ancient Israelite a ‘Jew’ or to call a contemporary Jew an ‘Israelite’ or a ‘Hebrew.’” (Richard Siegel and Carl Rheins, eds., “Identity Crisis,” The Jewish Almanac, (New York, NY: Bantam Books, 1980) p. 3.)

    That sentence is the opening sentence of the First Chapter entitled “IDENTITY CRISIS” of the 1980 Jewish Almanac. That today’s Jews are not genetic Israelites is also admitted in “The Jewish Encyclopedia,” the “Enyclopedia Judaica,” “The Universal Jewish Encyclopedia,” “The Standard Jewish Encyclopedia,” and by many of their historians.

    According to three Jewish encyclopedias and Flavius Josephus, the entire Edomite nation was forced into converting to Judaism and became known as Judahites at the time of the high priest John Hyrcanus (Maccabaeus):

    “…in the days of John Hyrcanus (end of the second century B.C.E.) … the Edomites became a section of the Jewish people.” (“Edom,” Encyclopaedia Judaica (Jerusalem, Israel: Encyclopaedia Judaica Company, 1971) Volume 6, p. 378.)

    “They were then incorporated with the Jewish nation….” (“Edom, Idumea,” The Jewish Encyclopedia (New York & London: Funk and Wagnalls Company, 1904) Volume V, p. 41.)

    “…from then on they constituted a part of the Jewish people, Herod [King of Judea] being one of their descendants.” (Cecil Roth and Geoffrey Wigoden, “Edom (Idumea),” The New Standard Jewish Encyclopedia (Garden City, NY: Doubleday & Company, Inc., 1977) p. 589.)

    “…they submitted to the use of circumcision, and the rest of the Jewish ways of living; at which time … they were hereafter no other than Jews.” (Flavius Josephus, “The Antiquities of the Jews,” Josephus, (Grand Rapids, MI: Kregel Publications, 1960) Book XIII, Chapter IX, Verse 1, p. 279.)

    In other words, there were and are imposters who claim to be descendants of Jacob Israel from the house of Judah:

    “Behold, I will make them of the synagogue of Satan, which say they are Jews, and are not, but do lie; behold, I will make them to come and worship before thy feet….” (Revelation 3:9)

    After quoting the previous verse of Scripture in “The Life of an American Jew in Racist Marxist Israel,” Jewish author Jack Bernstein pointed to today’s Jews as “…the people to whom God was referring” in Revelation 3:9. (Jack Bernstein, as told to Len Martin, The Life of an American Jew in Racist Marxist Israel (Costa Mesa, CA: The Noontide Press, 1991) p. 20.)

    Today’s Jews are not the only ones with an identity crisis. For more, see “The Mystery of the Gentiles: Where Are They and Where Are They Now?” at http://www.missiontoisrael.org/mystery-of-gentiles/index.php.

    • bananachange

      Thanks for sharing, it is as I expected.

    • Debi Sovelet

      Now the WORD of GOD I can go with – There will be MOCKERS in the last days … ITs so funny because the LEFT is accusing the RIGHT and the RIGHT accusing the LEFT and THE LEFT ARE THE ONES WHO ARE ATTACKING.
      Makes you WONDER if the enemy is the one who cannot ADMIT they are WRONG when they have SINNED against AMERICA like having emails showing pedophilia… bit oh, lets forget THAT TRUTH. And how about SOROS telling everyone that he wanted to kill everyone and how about all those RICH people you but electronics from who declared “DEPOPULATION” – but the LEFT cannot hear the sins of the LEFT – but the RIGHT listen to every word on TRUMP, if he is not doing right we JUMP HIM like a hyena jumps its prey. But I tell you – there are LIES the LEFT SEND FORTH IN THE NEWS, a TWISTY TWISTY of TRUTH to make a MAN look GUILTY – because who really LOVES GODS people? OH, they are destroyed by the evil one, attacked DAY AFTER DAY the people of GOD are tormented day after day … but OBAMA, never attacked…. hillary goes free of her killing PEOPLE right in our face… never convicted of any sin, nor OBAMA who has been SCRAPING the TOP off of OBAMA care. Yea, we could not throw it out because we have to pay obama 300 billion dollars FIRST … to pay him OFF. And all those people whose deductibles are 5000.00.because for every person, Obama gets 5000 each and then the INSURANCE COMPANY is PAID for your medical care…

      THE LEFT NEVER LOOKS AT ITS PEOPLE very CLOSE. BUT IS TELL YOU THAT THE RIGHT LOOK AT EVERYONE, and WE DO NOT LET UP UNTIL THEY HAVE DONE RIGHT.

      That is all we have ever asked from the LEFT: “Could you hold your own choices ACCOUNTABLE?

      If i was black, I would GUT GEORGE SOROS for killing your people. Im glad Im not black for this reason only. Soros would be dead. We have watched him PAY COPS to SHOOT a BLACK MAN.

      • Debi Sovelet

        Your LEFT at least, GOD chewed you LEFTIES up off the FENCE and spit you out and you RAN left to feed your flesh instead of stand up for what was RIGHT and GOOD.
        TRUMP is the LITTLE HORN
        Obama = 2nd beast
        Hillary = 1st Beast
        3rd ha not been exposed yet
        we know the 4rd is the POPE and A BIG OLD PROJECTION OF GOD WILL COME FROM HIS LASER —> and you lefties will fall for it, unless I can open your EYES —> https://phys.org/news/2017-05-world-biggest-x-ray-laser.html

  • VirgoVince

    Appears that Jared and Ivanka were NOT properly ‘vetted’ and GOTTA GO!!
    BUT, what the ugly lefturd idiots are DOING TO AMERICA IS TOTALLY CRIMINAL!!
    WHY haven’t they been STOPPED??

    • RockyMtn1776

      It appears Trump can’t trust anyone. Even certain members of his own family. He is trying to save America virtually alone.

      • lloyd Lisco

        It will take time to Identify all the Rats, Then they can be Fired.